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Sunoco And Parkland Announce Expiration Of HSR Act Waiting Period For Pending Acquisition

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Energy infrastructure and fuel distribution company Sunoco LP (SUN) and Parkland Corp. (PKI.TO) announced Monday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with Sunoco's pending acquisition of Parkland.

The expiration of the waiting period under the HSR Act satisfies an important regulatory approval necessary for the completion of the transaction, which is expected to close in the fourth quarter of 2025, subject to obtaining other regulatory approvals and the satisfaction of certain customary closing conditions.

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Business News

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.

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